The annual general meeting of HMS Networks AB (publ) held on 26 April 2017 resolved to increase the total number of shares in the company by dividing each share into four shares (a four-for-one share split). The board of directors was authorized to determine the record date for the share split.
The board has now decided that the record date for the share split is to be Friday 2 June 2017, which means that the last day of trading in the share prior to the split is Wednesday 31 May 2017 and the first day of trading in shares after the split is Thursday 1 June 2017. As of 1 June 2017, the effects of the share split will be reflected in the share price.
Due to the split, the company’s shares will change ISIN code on 1 June 2017. The new ISIN code for the share is SE0009997018. Shares received in the share split are expected to be registered in the shareholders’ securities account on 5 June 2017.
The split will take place automatically via Euroclear Sweden AB and shareholders do not need to take any action. Following the share split, the total number of shares in the company will amount to 46,818,868
For more information please contact:
CFO HMS Networks AB Gunnar Högberg, telephone: +46-35 17 29 95
CEO HMS Networks AB Staffan Dahlström, telephone: +46-35 17 29 01
The annual general meeting of HMS Networks AB (publ) held on 26 April 2017 resolved to increase the total number of shares in the company by dividing each share into four shares (a four-for-one share split). The board of directors was authorized to determine the record date for the share split.
The board has now decided that the record date for the share split is to be Friday 2 June 2017, which means that the last day of trading in the share prior to the split is Wednesday 31 May 2017 and the first day of trading in shares after the split is Thursday 1 June 2017. As of 1 June 2017, the effects of the share split will be reflected in the share price.
Due to the split, the company’s shares will change ISIN code on 1 June 2017. The new ISIN code for the share is SE0009997018. Shares received in the share split are expected to be registered in the shareholders’ securities account on 5 June 2017.
The split will take place automatically via Euroclear Sweden AB and shareholders do not need to take any action. Following the share split, the total number of shares in the company will amount to 46,818,868